Introduction to economics in the digital economy 1100-12-G11-0-PEwGC

Lecture:
1. Basic concepts, laws and economic problems
2. The theory of consumer choice
3. Behavior of the enterprise on the market
4. Basic market structures (perfect competition, absolute monopoly, monopolistic and oligopolistic competition)
5. Basic macroeconomic categories and methods of their measurement
6. Selected trends in economics
7. Goods and services market
8. The money market
9. Unemployment
10. Inflation
11. Business cycle
12. The currency market

Classes:
1. Basic economic concepts and problems
2. Demand, supply, market mechanism
3. The theory of consumer choice
4. Behavior of the enterprise on the market
5. Basic market structures
6. Analysis of the markets for selected goods and services
7. The money market
8. Unemployment
9. Inflation

Total student workload

Total student workload: 125 h, including: 1. Hours conducted with the participation of teachers 80 hours: - lecture: 30 h - classes: 15 h - Consultation: 20 h 2. Time required for individual work of the student: 30 h 3. Time required to prepare for participation in the assessment process: 30h

Learning outcomes - knowledge

Lecture: W1: knows and understands at an advanced level issues in the area of microeconomics and macroeconomics (K_W02) W2: knows and understands at an advanced level the basic economic structures and relationships between them (K_W03) Classes: W1: knows and understands at an advanced level issues in the area of microeconomics and macroeconomics (K_W02) W2: knows and understands at an advanced level the basic economic structures and relationships between them (K_W03)

Learning outcomes - skills

Lecture: U1: can use relevant sources and theoretical knowledge in the field of microeconomics and macroeconomics to analyze, interpret and evaluate economic phenomena and problems including in particular challenges related to sustainable development and digital transformation (K_U01; K_U05) U2: is able to analyze economic decisions in terms of compliance with legal, economic and social standards (K_U03) Classes: U1: can use relevant sources and theoretical knowledge in the field of microeconomics and macroeconomics to analyze, interpret and evaluate economic phenomena and problems (K_U01; K_U05) U2: is able to analyze economic decisions in terms of compliance with legal, economic and social standards (K_U03)

Learning outcomes - social competencies

Lecture: K1: is ready to assess his knowledge gained as a result of the course in the field of basic economics and to consult experts in the event of difficulties with solving the problem on his own (K_K03) Classes: K1: is ready to assess his knowledge gained as a result of the course in the field of basic economics and to consult experts in the event of difficulties with solving the problem on his own (K_K03)

Teaching methods

Lecture: - informative lecture (conventional), - problem-based lecture. Exercises: - discussion, - solving tasks, - case study.

Expository teaching methods

- informative (conventional) lecture
- problem-based lecture

Exploratory teaching methods

- case study
- practical

Prerequisites

None

Course coordinators

Piotr Wiśniewski

Assessment criteria

Lecture:
Written examination - W1, W2, U1.
Assessment method - it is required to obtain 50% of the possible points to pass the exam:
<50% - 60%) - satisfactory
<60% - 70%) – satisfactory plus,
<70% - 80%) - good,
<80% - 90%) - good plus,
<90% - 100%> - very good

Classes:
Colloquium - W1, W2, U1, U2.
Presentations - W1, W2, U1.
Activity - K1
Assessment method - it is required to obtain 50% of possible points to pass the course.
<50% - 60%) - satisfactory
<60% - 70%) - satisfactory plus,
<70% - 80%) - good,
<80% - 90%) - good plus,
<90% - 100%> - very good

The student's activity during the lectures and classes may increase the final grade.

Bibliography

Obligatory literature:
Samuelson, P.A., Nordhaus, W.D., (2010). Economics. Boston: McGraw Hill.
Dornbusch, R., Fischer, S. (1984). Macroeconomics, New York: McGraw-Hill Book Company.

Supplementary literature:
Economic information on internet news portals, reports and studies by institutions of the economic environment. Links to internet sources will be provided by the lecturer.

Additional information

Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system:

Description of 1100-12-G11-0-PEwGC in USOSweb